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dex0388 dex0388
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A year ago
The Components of GDP

In a small economy, nominal GDP is $12,000.  Consumption spending is $8750, government purchases are $2100, and gross private domestic investment is $1800. What is the value of net exports?

▸ -$650

▸ $4850

▸ $16,850

▸ $650
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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rick32rick32
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A year ago
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dex0388 Author
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A year ago
Thanks for your help!!
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Smart ... Thanks!
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2 hours ago
Helped a lot
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